Hat Hunt Week is arriving soon — How much $HAT will you have from the treasure vault?

Hats Finance is thrilled to announce that Hat Hunt Week will be commencing on the 22nd of July. Let us quickly go over the timeline for the Hunt:

🗓️ 22nd July 3 pm UTC: Hats Finance LBP is live

🗓️ 25th July 3 pm UTC: Hats Finance LBP is concluded

🗓️ 25th July 7 pm UTC: Hats Finance treasure vault is live — Claim your $HAT and start trading!

Next week will be the most exciting opportunity for our Hat Hunters to snag a share of $HAT tokens. The only question remains — how much $HAT will you get during the hunt week?

At the grand finale of the hunt is the much-anticipated airdrop of our native $HAT token! This airdrop is our way of saying “thank you” to our incredible community members, contributors, and supporters who have been integral to our journey.

If you’ve been part of Hats Finance, get ready to unlock new opportunities and enjoy your share of rewards and ownership in the Hats ecosystem.

$HAT Treasure Vault is Opening: Everything You Need to Know About This Airdrop

Mark Your Calendars

Starting on July 25th, 2024, at 7 pm UTC, our long-awaited $HAT treasure vault will be live and available for claiming. 5% of our total $HAT token supply will be airdropped to our dedicated community members. This claim period will run until October 25th, 2024, when unclaimed tokens will be returned to the DAO.

Who’s Eligible?

Here’s a breakdown of the groups eligible for the airdrop and what actions make you qualify:

• Crow NFT Holders: Recipients of the Hats “Crow” NFT (1st airdrop only).
• Committee Members: Members of bug bounty committees (1st airdrop only).
• Depositors: Individuals who have deposited into Hats vaults (1st airdrop only).
• “Super Coder” NFT Holders: Recipients of the Hats “Super Coder” NFT (1st airdrop only).
• Hats Early Supporters: Recognized early supporters of Hats (1st airdrop only).
• Security Payout Participants: Depositors into audit competitions or bug bounty vaults with payouts issued before July 2nd.
• Security Researchers: Recipients of payouts from audits or bug bounty programs before July 2nd.
• Security Content Creators: Creators of approved content for Hats before July 2nd.
• Hat Hunters Treasure Hunt Participants: Users of TaskOn, Galxe, and Warpcast who participated before the snapshot.
• Monad Community: Top whitelisted contributors for the Monad airdrop.

Please note that team members are unable to advise whether you are specifically eligible for an airdrop over community channels, as we need to understand your full history of transactions with Hats Finance. Please wait for the airdrop checker to be released.

Airdrop Allocation

The $HAT token allocation will differ across these groups, with each airdrop vested over three months. The eligible members will get 33% unlocked right on the Token Generation Event day!

Don’t Miss Out on Your Airdrop!

If you miss the deadline to claim your airdrop, your unclaimed $HAT tokens will be returned to the DAO (Decentralized Autonomous Organization). This means you will lose the opportunity to benefit from your allotted tokens. Be sure to act promptly to secure your share and take advantage of all the rewards and opportunities within the Hats Finance ecosystem.

How to Claim Your $HAT Tokens

Claiming your airdrop is simple! Just follow these steps:

Visit Hats Finance Dapp

Go to the Hats Finance official dApp Hats Finance on July 25th, 2024.

Connect Your Wallet

Make sure your wallet is securely connected to the platform using the same wallet you used before to interact with the Hats Finance app. Once your wallet is connected, you can proceed to the next step.

Check Eligibility

After connecting your wallet, press “Use connected wallet” or paste your wallet address in the “Check Your Eligibility” box and press the “Check Eligibility” button to see if you qualify for the airdrop. If you have used multiple wallets with the Hats Finance app, you can check those addresses, too. Click “Check Eligibility” to go to the next page.

Claim Tokens

If you are eligible, your designated airdrops will be displayed on the page. You may qualify for one or both of the following airdrops:

• Immediate Airdrop: Tokens available for instant claim.
• Linearly Released Airdrop: Tokens released over a specified period.

To begin the claim process, press the Redeem button. Please note that your tokens will gradually become available for linearly released airdrops according to the specified schedule.

Answer Quiz

Before you claim your airdrop, you need to complete a simple quiz to show your dedication to Hats Finance and its commitment to Decentralized Security in Web 3.0. After answering the questions, you can proceed to the next steps.

Choose Your Delegate

After you complete the quiz, you’ll be redirected to a page to choose your delegate. A delegate is an elected member of the Hats community who will vote on your behalf in governance votes.

This means they represent your interests in decision-making and security for the Hats Finance ecosystem. You can either choose a listed delegate or list yourself as one.

Claim Now Or Deposit $HAT

You can now release your allocated $HAT tokens or deposit them in the $HAT vault to earn an attractive APY. You may read more about your bug bounty farming mechanism here.

The bug bounty comes with attractive rewards for yield farming however, please note:

Depositing into a Hats Finance $HAT bug bounty vault involves a potential risk of fund lockup during claim processing, a 5% maximum risk of being part of the payout, and a 7-day withdrawal delay.

To claim your linearly released tokens, visit the airdrop page at any time and press the “Release” button.

$HAT Token: Key Features Driving Interest

The $HAT token is a key part of Hats Finance. It drives the growth of Decentralized Security (DeSec) by enabling strong governance and active community participation, which together help secure the Web3 environment.

Hats Finance encourages anyone to participate in audit competitions or bug bounties by reporting vulnerabilities and earning rewards in $HAT, promoting ethical hacking, reducing fraud risks, and supporting safer Web3 protocols.

Additionally, Hats Finance intends to deliver on its commitment to community empowerment by launching our DAO, which will enable users to participate in governance, submit proposals on key initiatives, and participate in key workstreams.

$HAT tokens represent your contributions to the community. Transparent governance and significant token allocations to active members further empower broad and inclusive participation.

The $HAT token rewards security researchers, who are vital to the Hats Finance community. By prioritizing these researchers in its airdrop and token launch, Hats Finance shows its dedication to building a safer Web3 space.

You can read about the $HAT token and its tokenomics here.

Now what are you waiting for? Let the Hat Hunt begin!

Hats Finance LBP is starting soon! Check out all details here.

For any questions or support regarding the airdrop, reach out to us at:

• 🎮 Discord, please join and introduce yourself.
• 🐦 Twitter, follow for updates and news.
• ✉️ Telegram, Follow for updates and discussion

Stay tuned for more updates, and thank you for being an essential part of the Hats Finance family!